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Monday, September 17, 2012

HDFC Life elevates CFO Padalkar as ED

Private insurer HDFC Life today said it has elevated Chief Financial Officer, Vibha Padalkar as executive director.

Padalkar, who joined the company in 2008 as chief financial officer will continue to hold the post, the company said in a statement.

“Vibha has played a pivotal role in some of the high impact milestones for HDFC Life, including implementation of SAP across our offices, reporting under IFRS, setting up an enterprise wide risk management system, leading the efforts on specific tax changes affecting the industry and managing our cost ratios,” Amitabh Chaudhry, Managing Director and Chief Executive, HDFC Life said.

Padalkar was also associated with Pricewaterhouse Coopers, Colgate-Palmolive and WNS Global Services before joining the private insurer.

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